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3 February 2025 | 31 replies
Utter blasphemy, only "unsophisticated" investors buy in cash.An experienced investor once told me "why use my cash, when I could just default on OPM" I know its not popular thought on BP.. and of course ramp up requires it unless you inherit a ton of dough but as we age out I sure like free and clear and no debt.. just the hassle factor of having to make payments :)
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14 January 2025 | 10 replies
ADU’s are a very popular in expensive areas, and I understand they add equity value as well.
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27 January 2025 | 6 replies
Hi all,We are facing significant challenges with a tenant in our 'rent-by-room' property.
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23 February 2025 | 246 replies
We are going through a challenging time that will make us stronger.
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23 January 2025 | 10 replies
Hi Jonathan,Congrats on your first big renovation deal—it’s an exciting challenge!
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20 January 2025 | 19 replies
As time went on, prices came down because buyers saw the challenges with rebuilding--trade labor, insurability, not knowing what will be built on adjacent lots (like one lot where the owner built a house that looked like a concrete mushroom and that devalued the adjacent new construction homes built to more conforming architecture), and so on.The weakness with moratoriums such as these is that it is now illegal to offer less than FMV as of 1/6/25--but what was FMV on 1/6/25?
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21 January 2025 | 21 replies
What are some areas in the state that wouldn't present any challenges in finding a tenant?
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25 January 2025 | 14 replies
It sounds like current challenges are:* how you currently feel today about maintaining property* how you currently feel today about that particular house that you lived in and made niceIt also sounds like there are a few logistical/ timing/financial challenges such as:* the logistics of a 1031 etc.* logistics of maintaining out-of-state property and tenants* having time to research enough about this while moving across the country to be confident in your decisions and planning* having time to research other opportunities, what could be done with the money if you soldReason I bring up the emotional stuff because yeah property is a hassle, but there may be another vision that lets you get everything or most of what you want, with a little bit less hassle, or hassle in a way that bothers you less.
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30 January 2025 | 62 replies
I suspect this is mostly campaign rhetoric that was popular with the current anti immigrant xenophobia that grew out of the pandemic both here and internationally and won the election, but the governments ability to achieve any real change in the population of illegals in this country would be very out of character.